Tax Saving Calculator

Calculate tax savings and plan your investments. Maximize your tax benefits with accurate tax saving calculations and investment planning.

Tax Information

Basic Information

Current Deductions

Tax Calculation Results

Enter your tax information and click calculate to see results

Tax Saving Sections

  • Section 80C: Up to ₹1.5 lakh (ELSS, PPF, EPF, LIC)
  • Section 80D: Health insurance premium
  • Section 80CCD: NPS contribution (up to ₹2 lakh)
  • Section 24: Home loan interest (up to ₹2 lakh)
  • Section 80E: Education loan interest

Frequently Asked Questions

What is the difference between old and new tax regime?

The old tax regime allows various deductions and exemptions, while the new tax regime offers lower tax rates but with limited deductions. You can choose the regime that gives you better tax benefits.

How can I maximize my tax savings?

Maximize tax savings by utilizing all available deductions like Section 80C, 80D, 80CCD, and others. Invest in tax-saving instruments like ELSS, PPF, NPS, and health insurance.

What is the maximum deduction under Section 80C?

The maximum deduction under Section 80C is ₹1.5 lakh per financial year. This includes investments in ELSS, PPF, EPF, LIC, NSC, and other eligible instruments.